Solar Panel Cost Guide in Wappinger, NY (Feb 2023)
- Wappinger Solar Installation Cost: $8,983
- 25-Year Savings: $11,818
- Payback Period: 10.8 Years
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Top Solar Installers in Wappinger
When making the switch to solar, many homeowners prefer to hire a solar company since handling can be a time-consuming project. Local solar installation companies can also help you maximize your return on investment by walking you through any local incentives you can benefit from and by providing warranties and repairs.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Wappinger
Factors that Affect Solar Panel Costs in Wappinger
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few major factors that affect your total cost in Wappinger: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
The size of the solar system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,950. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Wappinger average.
Solar Financing Terms
Most solar installers in Wappinger have solar loans, which reduce your upfront costs of installing solar panels. Although solar loans make switching to solar energy more accessible for Wappinger homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Wappinger is the company you get to install your PV system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that provide a range of services for different budgets. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and choose a company that has the products, warranties and services you want and also is within your budget.
Solar Panel Cost Data by System Size
|System size||Cost per system watt||Solar system cost||25-Year savings||Payback period|
|6 kW||$3.07||$12,886||$15,796||11.2 years|
|8 kW||$3.01||$16,850||$21,392||11.0 years|
|10 kW||$2.95||$20,650||$27,153||10.8 years|
|12 kW||$2.89||$24,284||$33,080||10.6 years|
|14 kW||$2.83||$27,754||$39,171||10.4 years|
|16 kW||$2.77||$31,058||$45,428||10.2 years|
|18 kW||$2.71||$34,196||$51,850||9.9 years|
|20 kW||$2.66||$37,170||$58,437||9.7 years|
How to Save on Solar Panels
The solar panel company you opt for will affect not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- Warranty: If you're worried about the longevity of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Reputation: Solar installers that have great reviews from their customers and that have been operating for many years in most cases offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The brand of solar panel you'd like to install plays a part in which installer you should go with, since different companies provide different panels.
- Contract: When reading through your solar installer's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
EcoWatch's Wappinger, NY Solar Cost FAQs
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.